AMS
By BroadCasting & Cable Staff -- Broadcasting & Cable, 4/23/2000 8:00:00 PM
WKDM(AM) New York
Value: $45 million ($24.5 million cash and wzhf[am] Arlington, Va./Washington, D.C., and WKDV(AM) Manassas, Va./Washington)
Buyer: Mega Communications; is buying WPLC(FM) Warrenton, Va./Washington (see item, above)
Seller: Multicultural Radio Broadcasting Inc., New York (Arthur S. Liu, president); owns/is buying 17 other AMs and two FMs, including WKCW(AM) Warrenton, Va./Washington. (see item, below)
Facilities: wkdm: 1380- kHz, 5 kW day; wzhf: 1390 kHz, 5 kW; wkdv: 1460 kHz, 5 kW
Formats: wkdm, wzhf: Spanish; wkdv: children
Broker: Biernacki Brokerage
KARI(AM) and construction permit for KBLO(AM) Blaine/Bellingham, Wash.
Price: $3 million
Buyer: Multicultural Radio; is buying WKCW(AM) Warrenton, Va./Washington (see item, below); is selling WKDM(AM) New York (see preceding item)
Seller: Birch Bay Broadcasting Co. Inc., Seattle (George A. Wilson, president); owns KBLE(AM) Seattle
Facilities: kari: 550 kHz, 5 kW day, 2.5 kW night; kblo: 1600 kHz, 50 kW day, 10 kW night
Format: kari: religion
Broker: William B. Schutz Jr.
KZDC(AM) San Antonio, Texas
Price: $1.8 million
Buyer: Radio Unica Corp., Miami (Joaquin F. Blaya, president); owns/is buying 14 other AMs
Seller: Lotus Communications Corp., Los Angeles (Howard A. Kalmenson, president); owns nine other AMs and nine FMs, including KZEP-FM San Antonio
Facilities: 1250 kHz, 1 kW
Format: Spanish
WKCW(AM) Warrenton, Va./Washington, D.C.
Price: $450,000
Buyer: Multicultural Radio; is buying KARI(AM) and CP for KBLO(AM) Blaine/Bellingham, Wash.; is selling WKDM(AM) New York (see items, above)
Seller: Radio Broadcast Communications Inc., Rockville, Md. (William Parris, president); no other broadcast interests
Facilities: 1420 kHz, 5 kW day, 1.7 kW night
Format: Classic country
KTEM(AM) Temple, Texas
Price: $425,000
Buyer: Cumulus Media; is buying WWFN(FM) Lake City/Florence, S.C. (see item, above)
Seller: Bell Broadcasting Co. Ltd., Temple (Clint Formby, member). Formby also has interest in two other AMs and two FMs
Facilities: 1400 kHz, 1 kW
Format: News
Broker: Media Services Group Inc.
WRTP(AM) Chapel Hill/Durham, WRTG(AM) Garner/Durham and WGSB(AM) Mebane/Durham, N.C.
Price: $257,000
Buyer: Radio Training Network Inc., Lakeland, Fla. (James L. Campbell, president); owns six FMs
Seller: Carolina Christian Communications Inc., Durham (Landson L. Leathers, principal); no other broadcast interests
Facilities: wrtp: 1530 kHz, 10 kW day; wrtg: 1000 kHz, 1 kW day; wgsb: 1060 kHz, 1 kW day
Formats: All AC
KHAD(AM) De Soto, Mo.
Price:$125,000
Buyer: Radio Free Texas Trust, Bellaire, Texas (Jerome L. Friemel, trustee); owns KILE(AM) Bellaire. Note: Planned sale of khad to New Life Evangelistic Center Inc. (B & C, Nov. 11, 1999) did not go through
Seller: Schafermeyer Broadcasting Corp., Columbia, Mo. (Kim R. Schafermeyer, president); no other broadcast interests
Facilities: 1190 kHz, 5 kW day
Formats: Country
Broker: John W. Saunders
WLYC(AM) Williamsport, Pa.
Price: $5,000 (assumption of debt)
Buyer: Brown Bear Irrevocable Common Law Trust, South Williamsport, Pa. (Frederick M. Stein and Michael Martin, trustees); no other broadcast interests
Seller: Doris A. Zmyewski, Warriors Mark, Pa.; no other broadcast interests
Facilities: 1050 kHz, 1 kW day, 36 Wnight
Format: Country
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